SDA»Topics» SADIA ANNOUNCES INVESTMENT FOR THE SECOND STAGE OF LUCAS DO RIO VERDE-MT PROJECT

SADIA ANNOUNCES INVESTMENT FOR THE SECOND STAGE OF LUCAS DO RIO VERDE-MT PROJECT

Sadias Board of Directors approved investments in the amount of R$ 308 million to complete the second stage of Lucas do Rio Verde-MT Project, the purpose of which is to reach a total slaughtering capacity of 145 million heads/year of poultry and 2.5 million heads/year of hogs. This investment also includes supporting areas, utilities, agriculture and livestock.

The operational startup of this second stage is scheduled for the second half of 2010 and, when operating at full capacity by the first half of 2011, it will generate an additional annual revenue of around R$725 million for Sadia.

Sadias decision to expand investments in Mato Grosso is in alignment with its strategy of maximizing production in grain-producing regions.